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Friday, June 05, 2015 3:26:32 PM
I am surprised that the bid/asked spread is so wide. I would have expected that with at least the entity that put in the $2 million, that they would be trying to talk up the stock, to get at least some reasonable volume going and people looking at the stock. I think that volume is so low that only the market maker is putting up any shares for sale, that is why the bid asked spread of so wide. Usually you will see 5000/5000 on the bid/asked. That is the market maker willing to make a market in the stock, at a 100% margin (usually the ask is 100% higher than the bid)
Louis.
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